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failures pileup. that has washington worried about another bailout, and homeowners worried about the market. jeri willis from the fox business network joins us. they are $16 billion in the red, the fha is what does it mean. >> reporter: taxpayers could be on the hook for this money. let me give you an idea of what is going on here. the federal housing administration insures, it backs these mortgage loans as you know we had the big mortgage meltdown, huge crisissess, values plummeted, people lost their homes. currently the fha stands behind 1.1 trillion in mortgage debt. one one in six of those loans deliquent. one in ten in default. they are facing just a tsunami of bad debt, and once more there is more in the pipeline that we don't even know about. alisyn: i don't have to tell you that the public appetite for bailouts. >> reporter: not high. alisyn: very small. if they don't get a bailout what happens to the country and the housing market? >> reporter: that is not an option i don't think. look, if they aren't able to correct this in some way, fix it in so way they are headed for a bailout
on the job. peter doocy is live for us from washington with more on this. hi, peter. >> reporter: heather, the state's department's accountability review board singled out these four people for doing their jobs poorly ahead of the benghazi terror attack on 9/11 the state department told us last week they were all either gone or demoted. this is direct quote from spokeswoman victoria knew land. secretary clinton accepted eric boss equal's decision to resign as effective up immediately. the other three individuals have been relieved of their current duties. all four individuals have been placed on administrative leave pending further action. the "new york post" is reporting those folks are still on the state department payroll. eric boswell who they said resigned did not resign and all four will be back to work before too long. >> they just shifted the deck chairs and they want to make the american people believe that the state department has held people accountable for their lack of security and sending help to four brave americans. this is incredibly inept of the state department to think
was another law that was just passed in washington, so it is a response to the american law punishes human rights violators in russia. it was sparked by the death of a russian lawyer who died died in jail investigating a fraud case at the request of americans in russia. it singles out dozens of russians that police believe are connected to that case. they can't travel to the united states and their assets are frozen. russia has been defiant in this case. it is even launching a posthumous price for the new law and russian voices speaking of saying it's not fair to penalize children. having adopted 60,000 over last two decades, and as you mentioned, there are several dozen cases right now that are pending. several dozen russian children who are in the final stages of this adoption process. those who should be coming to the united states very soon. it is not clear what's going to happen to them. it's very sad because the parents and children have had numerous visits to russia by the parents. the russians have put them through the loops to see the u.s. governm says it will fight to see that th
and they want want to have that happen. second of all these are deal mayors. they came to washington to get deals done. and they see the result, the goal as a deal to get past this rather than looking at the numbers. the folks on each side eve are looking at the numbers and they say the deficit would be in better shape and the economy in the long run is in better shape. they are looking long term. the deal makers in the center are looking right now and say they are scared of the political consequences and we are not quite sure how the numbers end up, the last thing we need is a rescission. >> reporter: steve vin dinin in washington. thank you. >> reporter: new information on a horrified christmas eve tragedy as a note left by this ex-con suggests that he planned to kill first responders and possibly some of his own neighbors when he set this massive inferno, it happened on monday, after that before shooting two firefighters who arrived at the scene to help. trace gallagher live from our west coast newsroom with more on this disturbing story. trace. >> reporter: police say that note from 62-
to help end the violence. ♪ gregg: back in washington, d.c., anxiety is rising over a plan to avert spending cuts and big tax hikes by january 1. the growing number of lawmakers say they are deeply skeptical that a deal can be reached in the next seven days, and we're beginning to hear new reports suggesting the president may have a smaller deal in mind, one that will keep tax rates where they are and, again, put off the issue of spending cuts. chris stirewalt, fox news digital politics editor, host of "power play" on foxnews.com, chris, good to see you. i was reading your recent column, i want to put a portion of it up on the screen, and i'll quote you: gregg: explain what you mean. >> a cheerful christmas thought, gregg. [laughter] merry, merry. no, when we look back at 2012, if you take a minute and look back at the arc of this year in politics, what you saw was the smallest -- it was the most expensive, but it was the smallest presidential election maybe if history. we didn't talk about anything. the president did talk about higher tax rates, but mostly it was as a way to talk a
on negotiatings over a debt deal 0, just about 11 hours left now until washington's failure to reach a deal would trigger a big series of tax hikes and spending cuts. welcome to "america live" i'm rick folbaum. >> i'm arthe arthel nevel. the president is expected to make remarks within the hour about the on going negotiations about the so-called fiscal cliff. we'll bring that live to you when it happens. sources are telling fox news that congress has figured out the tax part. the main bone of contention is at this point the spending. the white house wants new spending using tax hikes to prevent some of the severe budget cuts that also kick in in 11 hours from now. republicans argued that is just robbing pete tore pay paul. chief congressional correspondent mike emanuel is live at the capitol following all of the bouncing balls. hey, mike. >> reporter: one concern for republicans as they look at this deal is what about spending cuts? where are the spending cuts? it sounds like they are getting close in the talks between vice president joe biden and the senate republican leader mitch mcconnell but
that was inside the prison. megyn: there is a growing belief in washington and wall street that nearly every single american is a step closer to seeing their taxes go up in the new year. chris stirewalt joins us on what you can expect coming up next in the effort to head off that big tax hike. let's look at the picture that we have of chris. he is about 30 pounds heavier than the normal here. chris stirewalt, i'm sorry. okay, we will show you the live version. [laughter] plus, troubling research today on the number of surgical errors in america. doctor siegel is next on what doctors and hospitals and patients can take away from this. as the nation pauses to remember the victims and newtown, a very powerful focus group and suggestions on how parents can help their children cope with the tragedy. >> we had the nra called for an armed police officer. i don't want to make it a gun to be because we partied on. would that make you feel better? without bringing comfort? in fact, in a recent survey, 95% of people who tried it agreed that it relieved their headache fast. visit fastreliefchallenge.com
, but this is where washington struggles the most with itself. when you have issues that transcend something that can be legislated, when you have, essentially, a broken culture and you have these deep and abiding problems, yes, there are things that the federal government can do. democrats say fund mental health programs, republicans say make it easier to commit people when they look dangerous, but even those things take a long time. they don't happen in a month. megyn: even to study it. i mean, i'm not saying -- who knows whether we need federal action or not, but just to have a team of experts, the best team of experts pulled together, that is something the white house has the power to do and have them look at this and try to examine this guy, this shooter falls within no sort of known boxes because it doesn't look like he really was in the criminal justice system, doesn't look like there was necessarily a doctor under whose care he was. we haven't been able to confirm that he was ever on any meds. it just seems like he was an odd guy with asperger's system who was deteriorating, and the question
Search Results 0 to 7 of about 8